The consumer story in India makes fast moving consumer goods (FMCG) space an attractive destination for private equity and venture capital investors. Compared to the typical $20-50 million deals that took place in the past few years, 2012 witnessed one of the largest PE deals in FMCG space with the Singapore Government owned Temasek Holdings buying a five per cent stake in Godrej Consumer Products Ltd (GCPL) for Rs 685 crore ($135 million). Following Temasek’s investment, the FMCG sector witnessed […]